Ep 445 - Smart ways to play the NI cuts, how to pay tax on savings interest & money reflections

On this week's show Damien and Andy discuss how to take advantage of the cuts to national insurance, which came into effect on 6th January, to improve your finances. Damien then explains why more people will be unaware that they will now have to pay tax on the interest earned on their savings. Damien explains who is impacted, when they need to pay and how to go about it. Finally, Damien discusses the importance of reflecting on past money failures and successes.   Check out this week's podcast article on the MTTM website to see the full list of resources from this week's show. The first ever Money to the Masses article What is the personal savings allowance (and how you can boost it by £5,000) How to fill gaps in your National Insurance record MTTM Podcast Episode 304 - Build your black book MTTM Podcast Episode 408 - Black book revisited Damien's Money MOT

Om Podcasten

Hosted by Damien Fahy of www.moneytothemasses.com, the Money To The Masses Podcast covers a wide range of personal finance topics. Released every Sunday - Damien and Andy talk about a range of personal finance topics including Investing, Savings, Insurance and Pensions, as well as ways to make and save money and the scams you should avoid. Released every Wednesday - Damien discusses what is happening in investment markets and what to look out for. Each show lasts between 10-15 minutes and is aimed at DIY investors (including novices) seeking contemporary analysis to help them understand how investment markets work. Damien is one of the most widely quoted money and investment experts in the national press and has made numerous radio & TV appearances. He created MoneytotheMasses.com while working in the City when he became disillusioned with the way the public were left to fend for themselves because they could not afford financial advice. If you have any questions or comments on the podcast, contact Damien by emailing damien@moneytothemasses.com